APPARENTLY concerned by the housing deficit in the country, the Real Estate Developers Association of Nigeria (REDAN) has wooed an Arab based construction firm- EMBRAN of United Arab Emirate (UAE) to build 100, 000 houses in Nigeria.
At a press conference in Abuja, President of REDAN, Chief Olabode Afolayan noted that the project, which would cost EMBRAN about $500 million would be executed through the application of a modern technology called slabs.
He observed that government of UAE is very willing to invest in Nigeria's real estate, adding that the Association and the construction firm have concluded all the necessary arrangements regarding the project and would by next week sign an M.O.U. to that effect.
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